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The Ohio Department of Taxation is the administrative department of the Ohio state government [1] responsible for collection and administration of most state taxes, several local taxes and the oversight of real property taxation.
In 2016, area code 614 was overlaid with 380 in the Columbus/Central Ohio area for the same reason. In 2020, 326 was added as an all services overlay for 937. Area code 283 was added as an overlay for 513 on April 28, 2023. [2] [3] Area code 436 went into service on March 1, 2024, as an overlay of 440. [4]
2. 15 Days of Free Rental Income. The IRS allows you to rent out your home for up to 15 days without having to pay taxes on the income you earn from that rental.
In other words, if your tax bill is $1,000 but you earn $2,000 in refundable tax credits, you’re entitled to a refund of $400 — 40% of the $1,000 that exceeds your tax liability.
Area codes 614 and 380 are telephone area codes in the North American Numbering Plan (NANP) for all or part of four counties in central Ohio, surrounding and including the state capital of Columbus. Area code 614 is one of the original area codes assigned for Ohio in 1947, while area code 380 is an overlay code covering the same territory.
Variable life insurance tax benefits are essentially an IRS loophole of section 7702 of the tax code. This allows you to put cash (after-tax money) into a policy that is invested in the stock ...
Also nearby is 77 North Front St., which holds Columbus's city attorney office, income-tax division, public safety, human resources, civil service, and purchasing departments. The structure, built in 1930, was the police headquarters until 1991, and was then dormant until it was given a $34 million renovation from 2011 to 2013.
3. Hire Your Kids. Business owners who turn their venture into a "family affair" can put more money back into their pockets. For example, hiring your kids offers potential tax benefits.